OPENING OF BANKRUPTCY

Michel FRANCIS

Company — Opening of bankruptcy.

Financial year 2020 · Closed on 31/12/2020

Net result78,7 k €+9,5 %over 1 year
Gross margin66,1 k €-2,0 %over 1 year
Equity305,5 k €+26,4 %over 1 year

Identity

Source · BCE/KBO

Michel FRANCIS is a Private company with limited liability incorporated in 1998. Its main activity is: Electrical, plumbing and other construction installation activities. Its registered office is in Charleroi.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0464.185.778
Incorporation
23/09/1998
Legal form
Private company with limited liability
Registered office
Rue Frère Orban 55
6020 Charleroi · WallonieSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2020
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 15 filings

Trend over 13 financial years

20202019201820172016
Income statement
Gross margin66,1 k €67,4 k €56,2 k €63,7 k €27,3 k €
EBITDA65,4 k €66,8 k €55,1 k €62,1 k €-54,9 k €
Operating result63,8 k €65,7 k €51,3 k €59,4 k €-54,9 k €
Net result78,7 k €71,9 k €66,8 k €64 k €-33,2 k €
Balance sheet
Equity305,5 k €241,8 k €194,9 k €165,1 k €133,1 k €
Total assets431,2 k €370,1 k €338,8 k €304,9 k €248 k €
Cash688,3 €1,7 k €11,3 k €670,8 €–
Debts125,7 k €127,9 k €130,2 k €136,1 k €114,9 k €
Other
Workforce–––––

Board of directors

Source · NBB, accounts to 31/12/2020

1 active · 1 ended

Active mandates

Michel FRANCIS

Director

Active

Ended mandates

Michel FRANCIS

Manager

Ended

Full financial information

Source · NBB
202020192018201720162015
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelAbridged model
Start of the financial year01/01/202001/01/201901/01/201801/01/201701/01/201601/01/2015
Closing of the financial year31/12/202031/12/201931/12/201831/12/201731/12/201631/12/2015
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/08/202117/09/202011/09/201931/08/201827/09/201729/09/2016
General meeting30/06/202101/09/202030/06/201901/06/201820/07/201725/07/2016
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 15 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202030/06/202131/08/2021FrenchPDF
Micro model31/12/201901/09/202017/09/2020FrenchPDF
Micro model31/12/201830/06/201911/09/2019FrenchPDF
Micro model31/12/201701/06/201831/08/2018FrenchPDF
Micro model31/12/201620/07/201727/09/2017FrenchPDF
Abridged model31/12/201525/07/201629/09/2016FrenchPDF
Abridged model31/12/201402/06/201528/08/2015FrenchPDF
Abridged model31/12/201302/06/201430/09/2014FrenchPDF
Abridged model31/12/201201/06/201326/08/2013FrenchPDF
Abridged model31/12/201101/06/201224/08/2012FrenchPDF
Abridged model31/12/201030/06/201130/08/2011FrenchPDF
Abridged model31/12/200930/06/201026/08/2010FrenchPDF
Abridged model31/12/200830/06/200903/07/2009FrenchPDF
Abridged model31/12/200730/06/200827/08/2008FrenchPDF
Abridged model31/12/200630/06/200720/08/2007FrenchPDF

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

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Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2020

1 active · 1 ended

Active mandates

Michel FRANCIS

Director

Active

Ended mandates

Michel FRANCIS

Manager

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office03/02/2017
    SIEGE SOCIAL
    PDF
  • Registered office14/02/2008
    SIEGE SOCIAL
    PDF
  • Other06/09/2007
    OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

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Timeline

  1. 2020
    Annual accounts 202078,7 k €↑
  2. 2019
    Annual accounts 201971,9 k €↑
  3. 2018
    Annual accounts 201866,8 k €↑
  4. 2017
    Annual accounts 201764 k €↑
  5. 2016
    Annual accounts 2016-33,2 k €↓
  6. 2015
    Annual accounts 201537,8 k €↑
  7. 2014
    Annual accounts 201419,6 k €↑
  8. 2013
    Annual accounts 201315,5 k €↓
  9. 2012
    Annual accounts 201228,8 k €↓
  10. 2011
    Annual accounts 201161,4 k €↑
  11. 2010
    Annual accounts 2010-33,1 k €↓
  12. 2009
    Annual accounts 20091,5 k €↑
  13. 2008
    Annual accounts 2008-18,1 k €
  14. 23/09/1998
    IncorporationPrivate company with limited liability